Omni (OMNI) Price Analysis 9/25/2017

Omni is a lesser known platform that is relatively undervalued and flying below the radar right now. You most likely have heard of USD Tether, well they built that on the Omni platform. Other projects built on the platform include MaidSafeCoin, Safe Exchange Coin, Agoras Token and Synereo.

(Source: http://www.omnilayer.org/)

Omni was created to let developers build directly on top of Bitcoin's blockchain using their platform. They allow you to create fully customized currencies directly on BTC's chain as well as trade assets peer to peer. They also allow crowdfunding using tokens, very similar to what Ethereum allows.

USDT is their biggest accomplishment so far, next to MAID of course. We should be seeing some good things develop from this project over the coming years.

Since they are built on the Bitcoin blockchain, their wallet can send and receive Bitcoin as well as Omni platform assets.

(Source: https://coinmarketcap.com/)

(Source: https://www.coinigy.com/main/markets/BTRX/OMNI/BTC)

If they can get listed on more exchanges as well as expand their projects then we will see a nice price jump again for Omni. In the mean time their price is stagnating and hovering in the low to mid $20 zone. Moderate growth would put them back around $45 and a nice healthy rebound would result in a price between $63 and $75. The fact that they have a small market cap (due to small supply) is one of the reasons why their popularity has been so low. If their coin were to move up the charts on coinmarketcap.com then more people would notice them and begin to research them as well.

I think they have a very interesting and useful product but their community is lacking some vibrancy. Fantastic projects often get overlooked when they are all the way in the back of the line. One day Omni will get its chance to shine again!

*Never invest more than you are willing to lose and always do your own research before making any investment decisions.
(All pictures were created by myself)